Walmart's US chief marketing officer stepping down as retailer warns of tough year

Walmart's US chief merchandising officer stepping down as retailer warns of tough year

By Ramishah Maruf, CNN Walmart’s chief merchandising officer for its US operations is stepping down from the job as the retailer faces a tougher year ahead, an internal memo shared to US associates Friday said. Charles Redfield, whose career at Walmart spanned 32 years, will transition on May 1 and remain in an advisory role.

Walmart's US chief marketing officer stepping down as retailer warns of tough year

Sales were slower for traditional holiday products like toys, electronics and clothing — a sign that consumers are cutting back on discretionary spending.

Walmart's US chief marketing officer stepping down as retailer warns of tough year

Sales were slower for traditional holiday products like toys, electronics and clothing — a sign that consumers are cutting back on discretionary spending.

Walmart's US chief marketing officer stepping down as retailer warns of tough year

Sales were slower for traditional holiday products like toys, electronics and clothing — a sign that consumers are cutting back on discretionary spending.

Walmart's US chief marketing officer stepping down as retailer warns of tough year

Sales were slower for traditional holiday products like toys, electronics and clothing — a sign that consumers are cutting back on discretionary spending.

Walmart's US chief marketing officer stepping down as retailer warns of tough year

Sales were slower for traditional holiday products like toys, electronics and clothing — a sign that consumers are cutting back on discretionary spending.